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- Flowlu
- Flowlu Help Center
- Finance
- How to Record the Cash Flow
How to Record the Cash Flow
In the Finance → Money tab, you can monitor the cash flow of your business and always be aware of the current performance.
Transactions are created on the basis of payments and expenses in the Finance application of the Money section. One payment or expense can be split into several transactions.
In Flowlu the following transactions are available:
- Income — any inflow money. This may be income from the sales, receiving the loan, investments, etc.
- Expense — any cost required for something, e.g. rent, salaries, taxes, etc.
- Transfer — money transfer between accounts of the organization;
To start financial accounting, create organizations and bank accounts as well as financial categories. Recording of funds using these options will allow you to receive detailed cash flow reports.